€6 million capital increase for The Blockchain Group

The Blockchain Group, listed on Euronext Growth Paris, announces a €6 million capital increase as part of its Bitcoin Treasury Company strategy. The first increase of €1.1 million, at €3.95 per share, was carried out via an ATM program with TOBAM. The second, of €5 million, at €4.01 per share, was fully subscribed by Adam Back.

These transactions, without preferential subscription rights, aim to increase the number of bitcoins held per share. The new shares will be admitted to trading on Euronext Growth, without requiring a prospectus approved by the Autorité des marchés financiers.

The distribution of share capital shows a dominance of public and institutional shareholders. Following the issuance, The Blockchain Group is expected to strengthen its position in bitcoin, potentially reaching 1,983 BTC.